ADTRAN Company Profile (NASDAQ:ADTN)

About ADTRAN (NASDAQ:ADTN)

ADTRAN, Inc. (ADTRAN) is a provider of networking and communications equipment. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world. It provides a full-range of network implementation, maintenance and managed services. Its solutions include Access & Aggregation, Customer Devices, and Traditional & Other Products. Its Access & Aggregation solutions are used by communications service providers (CSPs) to connect their network infrastructure to their subscribers. The portfolio of ADTRAN solutions within Access & Aggregation category includes a range of modular or fixed physical form factors designed to deliver the technology and economic fit based on the target subscriber density and environmental conditions.

Industry, Sector and Symbol:

Sector:
Industry: Communication Equipment
Sub-Industry: Communications Equipment
Symbol: NASDAQ:ADTN
CUSIP: 00738A10
Web: www.adtran.com

Capitalization:

Market Cap: $961.63 million
Outstanding Shares: 48,323,000

Average Prices:

50 Day Moving Avg: $19.87
200 Day Moving Avg: $21.05
52 Week Range: $17.06 - $23.75

P/E:

Trailing P/E Ratio: 26.18
Foreward P/E Ratio: 23.14
P/E Growth: 12.41

Sales & Book Value:

Annual Revenue: $664.86 million
Price / Sales: 1.45
Book Value: $9.98 per share
Price / Book: 1.99

Dividend:

Annual Dividend: $0.36
Dividend Yield: 1.8%

Profitability:

EBIDTA: $51.63 million
Net Margins: 5.53%
Return on Equity: 7.57%
Return on Assets: 5.58%

Debt:

Debt-to-Equity Ratio: 0.06%
Current Ratio: 2.79%
Quick Ratio: 1.96%

Misc:

Average Volume: 348,923 shs.
Beta: 0.6
Short Ratio: 3.08

Frequently Asked Questions for ADTRAN (NASDAQ:ADTN)

What is ADTRAN's stock symbol?

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

How often does ADTRAN pay dividends? What is the dividend yield for ADTRAN?

ADTRAN announced a quarterly dividend on Tuesday, April 18th. Investors of record on Thursday, May 4th will be given a dividend of $0.09 per share on Thursday, May 18th. This represents a $0.36 annualized dividend and a yield of 1.81%. The ex-dividend date is Tuesday, May 2nd. View ADTRAN's Dividend History.

How were ADTRAN's earnings last quarter?

ADTRAN, Inc. (NASDAQ:ADTN) posted its quarterly earnings results on Tuesday, April, 18th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.12 by $0.06. The firm earned $170.28 million during the quarter, compared to analyst estimates of $167.87 million. ADTRAN had a net margin of 5.53% and a return on equity of 7.57%. During the same period last year, the firm earned $0.10 EPS. View ADTRAN's Earnings History.

When will ADTRAN make its next earnings announcement?

ADTRAN is scheduled to release their next quarterly earnings announcement on Monday, July, 10th 2017. View Earnings Estimates for ADTRAN.

Where is ADTRAN's stock going? Where will ADTRAN's stock price be in 2017?

5 equities research analysts have issued 1 year price objectives for ADTRAN's shares. Their predictions range from $20.00 to $26.50. On average, they expect ADTRAN's stock price to reach $23.20 in the next year. View Analyst Ratings for ADTRAN.

What are analysts saying about ADTRAN stock?

Here are some recent quotes from research analysts about ADTRAN stock:

1. According to Zacks Investment Research, "Even though ADTRAN shares have underperformed the broader industry over the past six months, the company reported better-than-expected earnings per share and revenues in the fourth quarter of 2016. The company’s impressive performance can be attributed to robust growth in its international segment and its Services business. ADTRAN continues to impress with its lucrative product offering and solutions which are some of the best in the industry. The company recently announced that it has acquired fiber access products, technologies and services from CommScope Inc's subsidiaries which will add value to the company's solutions and services for the cable MSO industry. Although the company could face regulatory issues and competition pressure, roll-out of new products such as ProCloud Subscription Services and Suite of tools should further strengthen the company's top-line." (3/21/2017)
2. Jefferies Group LLC analysts commented, "We're still on the sidelines with respect to the stock. We believe that current valuations already build in an appropriate view of the improving business trends at ADTRAN." (1/19/2017)

Who are some of ADTRAN's key competitors?

Some companies that are related to ADTRAN include Infinera Corp. (INFN), Knowles Corp (KN), NetGear (NTGR), Barracuda Networks (CUDA), Sierra Wireless (SWIR), Internet Initiative Japan (IIJI), Mitel Networks Corp (MITL), Vocera Communications (VCRA), A10 Networks (ATEN), Harmonic (HLIT), ShoreTel (SHOR), Comtech Telecomm. Corp. (CMTL), Calix (CALX), Sonus Networks (SONS), Gilat Satellite Networks (GILT), Exfo (EXFO), Ceragon Networks Ltd (CRNT) and AudioCodes (AUDC).

Who are ADTRAN's key executives?

ADTRAN's management team includes the folowing people:

Thomas R. Stanton, Chairman of the Board, Chief Executive Officer
Roger D. Shannon, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary
Charles E Marsh, Senior Vice President - Global Sales
Michael K Foliano, Senior Vice President - Global Operations
Kevin P. Heering, Senior Vice President - Quality and Administration
Raymond R. Schansman, Senior Vice President - Global Services and Support
Eduard Scheiterer, Senior Vice President - Engineering and Development
James Denson Wilson Jr., Senior Vice President - Technology and Strategy
Kevin W. Schneider, Chief Technology Officer, Vice President
Gregory James McCray, Director

Who owns ADTRAN stock?

ADTRAN's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.00%), Vanguard Group Inc. (0.00%), Victory Capital Management Inc. (0.00%), Dimensional Fund Advisors LP (0.00%), Van Berkom & Associates Inc. (4.15%) and Deprince Race & Zollo Inc. (0.00%). View Institutional Ownership Trends for ADTRAN.

Who sold ADTRAN stock? Who is selling ADTRAN stock?

ADTRAN's stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Russell Investments Group Ltd., Monarch Partners Asset Management LLC, Heartland Advisors Inc., Great Lakes Advisors LLC, Canada Pension Plan Investment Board, Parametric Portfolio Associates LLC and Spark Investment Management LLC. View Insider Buying and Selling for ADTRAN.

Who bought ADTRAN stock? Who is buying ADTRAN stock?

ADTRAN's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Victory Capital Management Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, FIL Ltd, Renaissance Technologies LLC, State Street Corp and Nationwide Fund Advisors. View Insider Buying and Selling for ADTRAN.

How do I buy ADTRAN stock?

Shares of ADTRAN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ADTRAN's stock price today?

One share of ADTRAN stock can currently be purchased for approximately $19.90.

MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)

Community Ranking:		1.7 out of 5 ()
Outperform Votes:		176 (Vote Outperform)
Underperform Votes:		338 (Vote Underperform)
Total Votes:		514

MarketBeat's community ratings are surveys of what our community members think about ADTRAN and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for ADTRAN (NASDAQ:ADTN) (?)

Ratings Breakdown:	1 Hold Rating, 4 Buy Ratings
Consensus Rating:	Buy (Score: 2.80)
Consensus Price Target:	$23.20 (16.58% upside)

Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
4/24/2017	MKM Partners	Reiterated Rating	Buy	$27.50 -> $26.50	Low
4/20/2017	Argus	Upgrade	Hold -> Buy	$25.00	Low
4/20/2017	Needham & Company LLC	Lower Price Target	Buy -> Buy	$25.00 -> $24.00	Low
1/19/2017	Jefferies Group LLC	Boost Price Target	Hold	$17.50 -> $20.50	N/A
10/31/2016	Northland Securities	Upgrade	Market Perform -> Outperform	$20.00	N/A
4/18/2016	Goldman Sachs Group Inc	Downgrade	Neutral -> Sell	$18.00 -> $17.00	N/A
4/14/2016	Stifel Nicolaus	Boost Price Target	Buy	$21.00 -> $25.00	N/A
3/28/2016	Cowen and Company	Boost Price Target	Underperform	$18.00 -> $23.00	N/A
1/15/2016	Drexel Hamilton	Upgrade	Hold -> Buy	$22.00	N/A
12/17/2015	JPMorgan Chase & Co.	Upgrade	Neutral -> Overweight	$22.50	N/A

(Data available from 5/30/2015 forward)

Earnings History for ADTRAN (NASDAQ:ADTN)

Earnings by Quarter for ADTRAN (NASDAQ:ADTN)

Earnings History by Quarter for ADTRAN (NASDAQ ADTN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
7/10/2017
4/18/2017	3/31/2017	$0.12	$0.18	$167.87 million	$170.28 million	View	N/A
1/17/2017	Q416	$0.11	$0.21	$152.03 million	$162.99 million	View	Listen
10/18/2016	Q316	$0.21	$0.26	$162.41 million	$168.89 million	View	Listen
10/13/2015	Q315	$0.14	$0.16	$160.66 million	$158.08 million	View	Listen
7/14/2015	Q215	$0.07	$0.08	$157.77 million	$160.14 million	View	Listen
4/21/2015	Q115	$0.08	$0.07	$149.96 million	$142.84 million	View	Listen
1/20/2015	Q414	$0.07	$0.15	$141.62 million	$143.98 million	View	N/A
10/14/2014	Q314	$0.20	$0.22	$168.53 million	$162.89 million	View	Listen
7/15/2014	Q214	$0.25	$0.27	$175.68 million	$176.10 million	View	Listen
4/15/2014	Q114	$0.16	$0.18	$149.36 million	$147.00 million	View	Listen
1/22/2014	Q413	$0.14	$0.25	$159.36 million	$159.10 million	View	Listen
10/9/2013	Q313	$0.22	$0.28	$175.10 million	$177.40 million	View	Listen
7/9/2013	Q2 2013	$0.16	$0.17	$154.16 million	$162.23 million	View	Listen
1/15/2013	Q4 2012	$0.06	$0.11	$139.79 million	$139.76 million	View	Listen
4/13/2011		$0.46	$0.52			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for ADTRAN (NASDAQ:ADTN)

2017 EPS Consensus Estimate: $0.78
2018 EPS Consensus Estimate: $0.91

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	1	$0.12	$0.12	$0.12
Q2 2017	1	$0.24	$0.24	$0.24
Q3 2017	1	$0.26	$0.26	$0.26
Q4 2017	1	$0.16	$0.16	$0.16
Q1 2018	1	$0.14	$0.14	$0.14
Q2 2018	1	$0.30	$0.30	$0.30
Q3 2018	1	$0.27	$0.27	$0.27
Q4 2018	1	$0.20	$0.20	$0.20

(Data provided by Zacks Investment Research)

Current Dividend Information for ADTRAN (NASDAQ:ADTN)

Most Recent Dividend:	5/18/2017
Annual Dividend:	$0.36
Dividend Yield:	1.81%
Payout Ratio:	49.32% (Trailing 12 Months of Earnings) 52.17% (Based on This Year's Estimates) 41.86% (Based on Next Year's Estimates)

Dividend Payments by Quarter for ADTRAN (NASDAQ:ADTN)

Dividend History by Quarter for ADTRAN (NASDAQ ADTN)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
4/18/2017	quarterly	$0.09	1.82%	5/2/2017	5/4/2017	5/18/2017
1/17/2017	quarterly	$0.09	1.59%	1/31/2017	2/2/2017	2/16/2017
10/18/2016	quarterly	$0.09	1.8%	11/1/2016	11/3/2016	11/17/2016
7/12/2016	quarterly	$0.09	1.88%	7/26/2016	7/28/2016	8/11/2016
4/12/2016	quarterly	$0.09	1.82%	4/26/2016	4/28/2016	5/12/2016
1/19/2016	quarterly	$0.09	1.9%	2/2/2016	2/4/2016	2/18/2016
10/13/2015	quarterly	$0.09	2.47%	10/27/2015	10/29/2015	11/12/2015
7/14/2015	quarterly	$0.09	2.18%	7/28/2015	7/30/2015	8/13/2015
4/21/2015	quarterly	$0.09	2.25%	5/5/2015	5/7/2015	5/21/2015
1/20/2015	quarterly	$0.09	1.61%	2/3/2015	2/5/2015	2/19/2015
10/14/2014	quarterly	$0.09	1.86%	10/28/2014	10/30/2014	11/13/2014
7/15/2014	quarterly	$0.09	1.61%	7/29/2014	7/31/2014	8/14/2014
4/15/2014	quarterly	$0.09	1.6%	4/29/2014	5/1/2014	5/15/2014
1/22/2014	quarterly	$0.09	1.38%	2/4/2014	2/6/2014	2/20/2014
10/8/2013	quarterly	$0.09	1.44%	10/22/2013	10/24/2013	11/7/2013
7/9/2013	quarterly	$0.09	1.5%	7/23/2013	7/25/2013	8/8/2013
4/9/2013	quarterly	$0.09	1.58%	4/23/2013	4/25/2013	5/9/2013
1/15/2013	quarterly	$0.09	1.7%	2/5/2013	2/7/2013	2/21/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)

Insider Ownership Percentage: 2.96%
Institutional Ownership Percentage: 96.87%

Institutional Ownership by Quarter for ADTRAN (NASDAQ:ADTN)

Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
4/28/2015	Thomas R Stanton	CEO	Buy	31,200	$16.05	$500,760.00
4/24/2015	James E Matthews	Director	Sell	23,000	$16.03	$368,690.00
8/29/2014	Kevin P Heering	SVP	Sell	5,650	$23.10	$130,515.00
7/21/2014	Robert A Fredrickson	VP	Sell	2,577	$22.07	$56,874.39
7/16/2013	Robert A Fredrickson	VP	Sell	3,750	$25.35	$95,062.50

(Data available from 1/1/2013 forward)

Headline Trends for ADTRAN (NASDAQ:ADTN) Latest Headlines for ADTRAN (NASDAQ:ADTN)

Source:

Date	Headline
	ADTRAN, Inc. (ADTN) Receives Consensus Recommendation of "Buy" from Analysts www.americanbankingnews.com - May 29 at 12:47 PM
	ADTRAN Wins 2017 Leading Lights Award for Most Innovative SDN/SD-WAN Product Strategy finance.yahoo.com - May 17 at 12:40 PM
	ADTRAN, Inc. (ADTN) Appoints Gregory McCray to the Board www.streetinsider.com - May 11 at 3:33 PM
	ADTRAN Appoints Gregory McCray, CEO of Access, to Board of Directors finance.yahoo.com - May 11 at 3:33 PM
	ADTRAN Advances Gigabit Society with Latest G.fast Innovations finance.yahoo.com - May 10 at 9:32 AM
	ETFs with exposure to ADTRAN, Inc. : May 9, 2017 finance.yahoo.com - May 9 at 8:22 PM
	ADTRAN, Inc. to Present at the 45th Annual J.P. Morgan Global Technology, Media and Telecom Conference on May 24, 2017 finance.yahoo.com - May 9 at 8:22 PM
	Zacks: Analysts Expect ADTRAN, Inc. (ADTN) Will Announce Earnings of $0.20 Per Share www.americanbankingnews.com - May 9 at 8:22 AM
	ADTRAN, Inc. :ADTN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017 finance.yahoo.com - May 8 at 3:19 PM
	ADTRAN, Inc. (ADTN) Given Average Recommendation of "Buy" by Brokerages www.americanbankingnews.com - May 2 at 11:56 AM
	Somewhat Favorable Media Coverage Extremely Likely to Affect ADTRAN (ADTN) Share Price www.americanbankingnews.com - May 2 at 10:10 AM
	ADTRAN (ADTN) Receiving Favorable Press Coverage, Study Shows www.americanbankingnews.com - April 29 at 10:20 AM
	Adtran Stock Trades Ex-Dividend Tuesday finance.yahoo.com - April 27 at 3:38 PM
	ADTRAN (ADTN) Receives Media Impact Score of 0.02 www.americanbankingnews.com - April 26 at 12:50 PM
	ADTRAN, Inc. (ADTN) Receives Buy Rating from MKM Partners www.americanbankingnews.com - April 24 at 8:25 PM
	Somewhat Critical Media Coverage Very Likely to Impact ADTRAN (ADTN) Stock Price www.americanbankingnews.com - April 23 at 7:44 AM
	Q2 2017 Earnings Forecast for ADTRAN, Inc. Issued By Jefferies Group (ADTN) www.americanbankingnews.com - April 21 at 10:35 AM
	ADTRAN, Inc. (ADTN) Stock Rating Upgraded by Argus www.americanbankingnews.com - April 20 at 4:50 PM
	$182.75 Million in Sales Expected for ADTRAN, Inc. (ADTN) This Quarter www.americanbankingnews.com - April 20 at 1:49 PM
	ADTRAN, Inc. (ADTN) Issues Earnings Results www.americanbankingnews.com - April 20 at 12:06 PM
	ADTRAN (ADTN) Earning Somewhat Positive News Coverage, Report Finds www.americanbankingnews.com - April 20 at 10:43 AM
	ADTRAN, Inc. (ADTN) Price Target Cut to $24.00 by Analysts at Needham & Company LLC www.americanbankingnews.com - April 20 at 8:57 AM
	Edited Transcript of ADTN earnings conference call or presentation 19-Apr-17 2:30pm GMT finance.yahoo.com - April 20 at 1:21 AM
	ADTRAN, Inc. Reports Record Results for the First Quarter 2017 and Declares Quarterly Cash Dividend finance.yahoo.com - April 19 at 3:19 PM
	ADTRAN Q1 Profit Rises www.nasdaq.com - April 19 at 5:58 AM
	Adtran beats Street 1Q forecasts marketbeat.com - April 19 at 5:04 AM
	ADTRAN, Inc. (ADTN) to Issue Quarterly Dividend of $0.09 www.americanbankingnews.com - April 18 at 10:16 PM
	Zacks: Brokerages Anticipate ADTRAN, Inc. (ADTN) to Post $0.13 EPS www.americanbankingnews.com - April 18 at 1:25 PM
	ADTRAN (ADTN) Receives Coverage Optimism Rating of 0.24 www.americanbankingnews.com - April 17 at 10:10 AM
	ADTRAN, Inc. (ADTN) Scheduled to Post Earnings on Tuesday www.americanbankingnews.com - April 16 at 7:00 AM
	ADTRAN (ADTN) Receiving Favorable News Coverage, Study Shows www.americanbankingnews.com - April 13 at 8:50 AM
	ADTRAN Expands ProCloud Subscription Services Suite, Increasing Business Revenue Opportunities finance.yahoo.com - April 10 at 3:19 PM
	ADTRAN Delivers Vocus a Business Service Platform for the Future finance.yahoo.com - April 10 at 3:19 PM
	ADTRAN’s Ryan Loy Named to Computerworld’s Premier 100 Technology Leaders finance.yahoo.com - April 7 at 6:32 AM
	ADTRAN, Inc. (ADTN) Sees Significant Drop in Short Interest www.americanbankingnews.com - April 6 at 1:28 PM
	ADTRAN and AT&T Team Up to Host ITU-T Q4/15 with a Focus to Accelerate G.fast Features and Capabilities finance.yahoo.com - April 3 at 3:29 PM
	ADTRAN, Inc. to Release First Quarter Earnings on April 18, 2017 finance.yahoo.com - March 30 at 3:44 PM
	Broadband Forum Recognizes ADTRAN's SD-Access Leadership And Industry Contributions www.thestreet.com - March 28 at 8:20 PM
	Broadband Forum Recognizes ADTRAN’s SD-Access Leadership and Industry Contributions finance.yahoo.com - March 28 at 3:20 PM
	ADTRAN, Inc. (ADTN) Stock Rating Lowered by Zacks Investment Research www.americanbankingnews.com - March 21 at 10:00 PM
	Jabil Circuit (JBL) Q2 Earnings & Revenues Beat Estimates finance.yahoo.com - March 16 at 4:51 PM
	ADTRAN Surpasses its 10 Millionth Vectoring Port Shipment finance.yahoo.com - March 14 at 8:18 AM
	ADTRAN's Kevin Schneider To Join Broadband Forum's New Executive Advisory Council www.thestreet.com - March 7 at 6:04 AM
	ADTRAN’s Kevin Schneider to Join Broadband Forum’s New Executive Advisory Council finance.yahoo.com - March 6 at 11:24 AM
	ADTRAN Mobilizes Software Defined Access finance.yahoo.com - March 1 at 8:30 AM
	ADTRAN Advances CORD Architectures for Mobile, Work and Home uk.finance.yahoo.com - February 28 at 7:55 AM
	ADTRAN Appoints Charles Marsh as Senior Vice President of Global Sales finance.yahoo.com - February 27 at 3:29 PM
	ADTRAN INC Files SEC form 10-K, Annual Report biz.yahoo.com - February 24 at 8:19 PM
	ADTRAN (ADTN) Down 4% Since Earnings Report: Can It Rebound? www.zacks.com - February 17 at 6:46 PM
	New Strong Buy Stocks for February 8th www.zacks.com - February 9 at 1:31 AM